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Pink reveals more details of fees assisted campaign

Pink Home Loans fees assisted campaign is available on all branded lending medium to heavy adverse products and a selection of branded lending near prime products.

In addition to this, Pink has extended the summer campaign for a limited period and will continue to pay a 1.5% proc fee for medium and heavy adverse cases with branded lending partners, First National, GMAC-RFC and Mortgages Plc.

Dev Malle, sales director at Pink Home Loans, says: “This is a double whammy, not only as the client is paying no upfront fees, the intermediary is receiving a very competitive proc fee in recognition for the work involved in medium and heavy adverse case placement.

“Rates available across the branded lending range are attractive, as they start from as little as 4.09%.”

Eugene Hannigan, partner at Mortgage Direct Solutions, says: “Pinks decision to extend its summer campaign which increased selected proc fees to 1.5%, on top of its no up front fees offer, makes it impossible for mortgage intermediaries to ignore. In addition, they have a great range of exclusive adverse products.”


Labour pours cash into debt reduction strategy

The government last week opened new premises for National Debtline and revealed plans for a 45m free debt advice service. National Debtline helps 60,000 people a year find a way out of debt. It’s now moving to bigger premises after taking on 19 new staff, bringing the total number of full-time telephone debt advisers to […]

PMPA may launch lender in October

The Professional Mortgage Packagers Alliance is believed to be launching a lender called Unity at the end of October. The launch date is rumoured to have been set as October 31 – exactly a year after the Financial Services Authority began to regulate the mortgage industry. Only four members of PMPA are thought to be […]

CIPD argue for an end to mandatory retirement

The Chartered Institute of Personnel and Development has responded to new figures from the Continuous Mortality Investigations Bureau, which predict an increase in male life expectancy. The report says that the average age of mortality for wealthier males is now nearly 90, leading the CIPD to argue for an end to mandatory retirement ages and […]

Tenet launch two offerings

Tenet, the independently owned UK IDA Group, has launched two offerings providing mortgage and insurance solutions for directly regulated advisors. Mortgage Professional and Insurance Professional, part of the IFA Professional suite, offer a high level of business support and can help advisers increase turnover via additional income streams, enhanced rates and first class technical support.Glenn […]

Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.


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